Indiana cities dishing out thousands of dollars to get out-of-state workers to relocate
Hundreds of families have already participated in the MakeMyMove program and now call Indiana home.
Residential Real Estate
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IBJ Podcast: From humble beginnings, apartment developer built $500 million firm in 10 years
Eric Garrett grew up in Evansville below the poverty line. In the latest edition of the IBJ Podcast, he discusses launching The Garrett Cos. from a barn in his backyard in Greenwood and the strategy that created the 37th largest private company in Indiana in less than 10 years.
Share of U.S. homes bought with cash hits highest level in nearly a decade
Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash.
Carmel condo at top of City Center could fetch up to $7.5M
The SkyPalace has five bedrooms, a room with three bunk beds, a rooftop pool, eight parking spots, three private entrances, two hidden passages, a safe room, a sauna, three fire pits, three outdoor grilling areas and a bar.
RH sets opening date for store, restaurant at former DeHaan estate
The public will be able to shop seven days a week at the previously gated 41,762-square-foot mansion known as Linden House.
Developers eyeing renters, not buyers, for new communities
Build-to-rent houses are typically built as a master-planned community with 100 to 200 houses, average monthly rents of around $2,000, and amenities.
High-end Proscenium apartment property in Carmel changes hands
A 196-unit mixed-use apartment and retail development in Carmel has been sold in a deal brokers called one of the most notable—and complex—sales of the year in the metropolitan area.
Drake apartments property receives five proposals for reuse
The Department of Metropolitan Development in August issued a request for proposals for updating the long-vacant, city-owned building at 3600 N. Meridian St.
Jury awards $1.8 billion in Realtor case, finds groups conspired to inflate commissions
The decision involves a sale’s commission, which hovers around 5% to 6% of the home sale price and is paid by the home seller both to the sellers agent and the buyers agent.
Townhome project proposed along Monon Trail on near-north side
The project would consist of 42 single-family attached homes in the Martindale-Brightwood neighborhood.
Indianapolis-area home construction permit filings surge 59%
For the first time since March 2021, every Indianapolis-area county reported growth in single-family building permit filings.
Developer planning townhouse development on west side of Noblesville
Indianapolis-based Platinum Properties Management Co.’s plans call for the Westbrook townhouse community to be built on 19 acres on the northeast side of the intersection of Moontown Road and Castamere Drive.
Lennar Homes planning 85 new homes on northeast side of Lebanon
Liberty Village is the most recent housing development planned in Lebanon, which has approved about 800 new homes this year.
Prices for existing central Indiana homes still rising amid sinking sales
Sales of existing homes in the 16-county area have fallen for 20 straight months.
Construction begins in Noblesville on $39M luxury apartment building for seniors
The project is HighGround’s third age-restricted luxury apartment development in Hamilton County following GrandView, which is under construction in Westfield, and CityView, which is planned in Fishers.
Rapid change on near-north side continues with $45M housing development
The Stella, when completed, will provide 166 new, mixed-income housing units and retail space in the 1800 block of North Meridian Street. A groundbreaking for the project took place Wednesday.
Fishers City Council OKs plan for 225 homes on city’s southeast side
Reston, Virginia-based Ryan Homes plans to build the 109-acre Flat Fork development along East 96th Street between Cyntheanne Road to the east and Georgia Road to the west.
Local investors plan to revamp dilapidated College Avenue building
As proposed, the project would consist of street-level commercial spaces and upscale three-bedroom, three-bathroom apartments on the second floor.
Do you have honey oak cabinets in your house? Here’s what to do.
Repainting cabinets is the most common option and the one usually preferred by interior designers and real estate agents for modernizing a home and maximizing the return on investment at resale. But leaving them alone still might be the best choice, depending on your goals.
Chatham Arch makeover: Home built in late 1800s gets with modern touches
When Vince Peiffer and business partner Phil Carrao purchased the house at 640 E. 10th St. last year, it was in poor condition. All the floors were out of level, structural problems in the basement had to be addressed, and the siding was falling off. The two purchased the Chatham Arch neighborhood home, built in […]